February 26, 2016

Dollar General Offers $9.7 Billion Counterbid for Family Dollar

Dollar General presented a $9.7 billion counterbid for Family Dollar after the latter agreed to an $8.5 billion buyout by Dollar Tree last month. The proposed deal is expected to […]

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February 26, 2016

Arthur T. Demoulas returns after leaders reach binding agreement

Following weeks of tumultuous protests and the firing of a handful of high-ranking officers, Market Basket and its shareholders entered a binding agreement. Under terms of the agreement, ousted CEO […]

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February 26, 2016

Cohen Reclaims Control Following Verdi’s Departure

Less than one year after his appointment as president of C&S Wholesale Grocers, Mark Verdi is stepping down from his role. Rick Cohen, C&S’s CEO and chairman, announced he will […]

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February 26, 2016

Bi-Lo Holdings Names New President and CEO

Ian McLeod has been named president and CEO of Bi-Lo Holdings, effective March 2. McLeod replaces Randall Onstead, who recently stepped down from his role. McLeod led a successful turnaround […]

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February 26, 2016

JM Smucker Purchases Big Heart Pet Brands for $5.8B

JM Smucker Co. officials announced the company would purchase the privately held Big Heart Pet Brands, manufacturer of pet foods. The cash and stock deal between JM Smucker and Big […]

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February 26, 2016

Heinz & Kraft merge, forming 5th largest company globally

The H.J. Heinz and Kraft Foods Group have merged into one of the food and beverage industry’s largest companies across the globe. This move is intended to give the married […]

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February 26, 2016

Pet Food Experts ends partnership with Nestle Purina Pet Care

Pet Food Experts has ended its distribution relationship with Nestle Purina Pet Care. Officials from Pet Food Experts announced the company ended its partnership with Nestle Purina in New York […]

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February 26, 2016

Target Appoints Dament to lead repositioning

Target officials named Anne Dament to the role of SVP Merchandising. Dament will be responsible for steering Target’s strategic repositioning of its food business.        Dament formerly served as GVP Perishable […]

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February 26, 2016

Walmart acquires Target Canada Locations

Walmart Canada reached an agreement to acquire one distribution center, a dozen store leases and one owned property, once help by Target Canada. The acquisition is anticipated to cost Walmart […]

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February 26, 2016

Ahold Names President and General Manager of Peapod

Ahold appointed Jennifer Carr-Smith to the role of president and general manager of Peapod, effective June 15. Carr-Smith will replace Andrew Parkinson, who was appointed to a newly established advisory […]

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